What does it mean when Fangfa receives a recourse notice via text message and please handle it as soon as possible?

Overdue.

1. The recourse notice is a necessary procedure for exercising the right of recourse. The period of limitation of recourse can be extended. In the law, there is a statute of limitations, and the recourse notice is an act of notification or demand. , the right of recourse is limited by the statute of limitations.

2. When a recourse notice is issued to the other party and signed by the other party, the corresponding right of recourse can be extended accordingly. However, the law stipulates that the expulsion period , it cannot be extended. According to regulations, if the holder of a commercial bill fails to present for payment within the specified period, he will lose the right of recourse against the previous party other than the drawer and the acceptor.

3. If the bearer fails to issue a recourse notice within the prescribed time limit, he may still exercise the right of recourse. However, if the delay in notification causes losses to the predecessor or the drawer, he shall bear the liability for compensation for the losses, but the amount of compensation shall be limited to the amount of the bill of exchange.